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Thursday, October 2, 2008

Inconsistencies on Reports Over Streaming Royalties

On September 23, Betanews reported that the agreement reached between DiMA, NMPA, RIAA and others concerning streaming royalties put a cap of 10.5% "less performance royalties." Betanews reported that the "performance royalties" referred to was for sound recordings. Billboard, on the other hand, claims that the performance royalties referred to in the agreement are for "compositions." That's a BIG difference. Which is it?

We need to see the agreement or details on it.

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